GBPJPY: Price relatively low, for LONG position

10:07 gmt+8

Watch carefully the previous candle's low 200.46. It's laid at H4 support area. I expect market will BULL if price not able to broke the level.

At the moment, price relatively low, 43 pips from the level for LONG position. The reasonable SL if I enter LONG now would be 43+8 pips from current price.

2 hours and 50 minutes to go (from the time i framed the picture) to form H4 fractal

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Result
12:59 pm gmt +8

Price broke 200.46 and achieved new low 200.32.... The price currently retest the level 200.46